Chart of The Day: Forex Coming Into Play?
DFX Finance is an AMM designed for forex swaps between multiple fiat-backed stablecoins. They have recently launched dfxStablecoins, a fractional-algorithmic stablecoin similar to how FRAX works. These dfxStablecoins are made up of three non-USD stablecoins, XSGD, CADC, and EURS, creating a forex 3pool.
